Thursday, 24 July 2014
Last updated 14 hours ago
Aug 11 2006 | 12:00am ET
While regulators and lawmakers hash out the future or hedge fund regulation on Capital Hill, some service providers are taking advantage of the nebulous regulatory environment.
FrontLine Compliance, an Alexandria, Va.-based securities compliance firm, unveiled its FLC Hedge Fund Edge this week, a new program designed to help managers with whatever the SEC, IRS or Treasury Department has up its collective sleeve.
FrontLine says the “collection of custom policies and procedures” offered on the platform focuses most strongly on such hot-button issues as valuation risk, trading risk, conflicts of interest and trading ethics. “When the SEC issues its guidance, it will most likely be very broad in scope,” according to FrontLine President Amy Lynch. “That means each firm still determines how the implementation will work.”
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…